ICAI CA Foundation Syllabus and Subjects

Icai has changed the CA Foundation Syllabus. Candidates who are appearing for the exam must follow the official syllabus released for the upcoming CA Foundation exam. This exam is conducted for students all those who have passed or going to appear for the Class 12 board exam this year to pursue a career as a Chartered Accountant.

There are four papers in the ca foundation exam. A person has to pass all the exam and once they applied then they have to a long in which they have to pass 3 exams and one articleship. For this journey you have to start from ca foundation do here is all you want to know about the ca foundation.

Pattern and Marking Scheme

1. There are four papers.
2. Every paper consists of 100 marks.
3. The time duration for the papers is 3 hours each.
4. There are two segments or we can say to part in which there are two papers each in them.
5. The first segment consists of two subjective papers:-
6. Principles And Practice Of Accounting(100 marks)
7. Business Laws And Business Correspondence(100 marks)

• Business Law (60 marks)
• Business correspondence and Reporting (40 marks)

8. The second segment consists of the other two objective papers:-

1. Business Mathematics, Logical Reasoning, And Statistics(100 marks)

• Business Mathematics(40 marks) and Logical Reasoning(20 marks)
• Statistics (40 marks)

2. Business Economics And Business & Commercial Knowledge(100 marks)

• Business Economics(60 marks)
• Business and Commercial Knowledge(40 marks)

9. Candidates have to score a minimum of 40% marks in each paper and a minimum of 50% marks in aggregate of all the papers to pass the CA foundation exam.

Ca foundation is an office exam and happens in a 6-month gap. The question paper comes in both the languages Hindi and English.

CA Foundation Detailed Syllabus

Paper 1. Business Mathematics, Logical Reasoning, And Statistics(100 marks)

Book content

1. Theoretical Framework
2. Accounting Concepts, Principles, and Conventions.
3. Accounting Terminology- Glossary
4. Capital and Revenue Expenditure, Capital and Revenue Receipts, contingent assets and contingent liabilities.
5. Accounting Policies
6. Accounting as a Measurement Discipline- Valuation Principles and Accounting Estimates.
7. Accounting Standards- Concepts and objectives.
8. Indian Accounting Standards(IND AS) — Concepts and Objectives (Just an Overview)

Book Chapter

1. Accounting Process
2. Bank Reconciliation Statements
3. Inventories
4. Depreciation Accounting and its Concepts
5. Accounting for Special Transactions
6. Final Accounts of Sole Proprietors Partnership Accounts
7. Financial Statements of Non-Profit OrganisationsIntroduction to Company Accounts

Paper 2. Business Laws And Business Correspondence(100 marks)

Section A — BUSINESS LAWS Syllabus (60 Marks)

1. Indian Contract Act, 1872
2. The Sales of Goods Act,1930
3. The Indian Partnership Act, 1932
4. The Limited Liability Partnership Act, 2008=
5. The Companies Act, 2013

Section B — BUSINESS LAWS Syllabus (60 Marks)

1. PART — I

• Communication

2. PART -II Sentence Type and Word Power

• Sentence Types (Direct-Indirect, Active-Passive Speech)
• Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes), Phrasal verbs, Collocations & Idioms

3. Part III: Comprehension Passages and Note-Making

• Comprehension Passages
• Note Making

4. Part IV: Developing Writing Skills

• Introduction to Basic Writing
• Précis Writing
• Article Writing
• What is an Article?
• Essential elements of Article Writing
• Detailed Format
• Report Writing
• Writing Formal Letters
• Resume Writing
• Meetings

Paper 3.Business Mathematics, Logical Reasoning, And Statistics(100 marks)

Section A — Business Mathematics (40 marks)

1. Ratio and Proportion, Indices and Logarithms
2. Equations and Matrices
3. Linear Inequalities with Objective Functions and Optimization w.r.t. objective function.
4. Time value of Money
5. Permutations and Combinations
6. Sequence and Series
7. Sets, Relations, and Functions
8. Basic applications of Differential and Integral calculus\

Section B –Logical Reasoning (20 marks)

1. Number Series, Coding and Decoding and the odd man out.
2. Direction Tests
3. Seating Arrangements
4. Blood Relations
5. Syllogism.

Section C –Statistics (40 marks)

1. The statistical description of Data
2. Measures of Central tendency and Dispersion
3. Probability
4. Theoretical Distributions
5. Correlation and Regression
6. Index Numbers and Time Series

Paper 4- Business Economics and Business and Commercial Knowledge Syllabus(100 marks)

Part I — Business Economics Syllabus (60 Marks)

1. Introduction to Business Economics
2. Theory of Demand and Supply
3. Theory of Production and Cost
4. Price Determination in Different Markets
5. Business Cycles

PART-II Business and Commercial Knowledge Syllabus(40 Marks)

1. Business and Commercial Knowledge — An Introduction
2. Business Environment
3. Business Organizations
4. Government Policies for Business Growth
5. Organizations Facilitating Business
6. Common Business Terminologies

So, you have all the detail about the new syllabus and the pattern and now you just have to get ready for this journey to become Charted account(CA). Start your studies now because it’s now or never and if you think you are late for studies so it’s never too late to start something.

Embibe wishes you all the best for your exam. Do well and crack the exam with a well-deserving number.

Thanks for reading my article. Have a nice day.